IHCL Chief Executive Officer (CEO) Puneet Chhatwal said by 2020, the company would open 10 new luxury
The capex for the next year is Rs 300 crore to fund the expansion
No immediate comments were available from IHCL
Official says that new brand identity honours renowned legacy of Taj to create a greater brand resonance
The company told the SC that it wasn't clear why the NDMC wanted to auction such a prime property
Mistry attributed all the problems to decisions taken before his assuming the chairman's position in 2012, which he described as legacy hotspots
A Taj employee had written to Cyrus Mistry about the alleged sexual harassment by CEO Rakesh Sarna
IHCL was seeking renewal of licence to run Taj Mansingh Hotel in Delhi and restrain NDMC to auction it
The luxury chain of hotels and resorts, operating under the Leela brand, sold its second property, at Goa, for Rs 725 crore last year